The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-08-30
FINANCE AND COMMERCE.
Money 8 Per Cent, New York Ex-
change 1.8 Premium.
gsttsn Quact-Middiing Cetsos' sNsc
SALES To-day 80
Bales.

KsspAr EvruIIo. August -. 1887.
No suotable change has taken place
in money rates, the ruling figures be-
ing 8 per cent, varying with condi.
lions Of time and security, al
though 4 may be said that the banks
are containing their fsvors to their Gus.
toners. The stock call board held q
session this forenoon and, while bids
and offerings were freely made, no
sales were registered. The local Get
ton market closed quiet and I'M
changed, with sales al 80 bales. The
receipts today included lSs bales OF
new cotton. At New Orleans spot
cotton advanced 1-l8c, August futures
went mp 10 points, September and the
crop months remaining unchanged.
The Liverpool spot and future mar
ksts are unchanged. New York spots
advanced Lice; August futures de-
slined 3 points, September point and
the new crop months l to : points. A
leading New York cotton circular OF
date, the 10Th, says OF the future mar
ket: "rhe cotton market was rather
quick in movement and underwent
sharp fluctuations. At the outset, under
some disappointment In the Liverpool
advices, the inclination was TO sell, with
prices dropping of some sos points
along pretty much the entire line.
ssbss xuently less promising accounts,
especially from Arkansas, Infused q
stronger tone and eventually restored
pretty..mueh the entire loss, with assist
anoe obtained through new buying
orders from abroad and from the east.
ward, the close ruling fairly steady at
within q fraction Of Saturday evening
rates. Spot firmly held, but not
aetive."
As 10 the grocery trade, the latest
New York report Is that sugars are
kirly active and hardening In tone.
with other sweets steady. Coffee
sustained. and sellers holding sd.
vantage on most the miscellaneous
line OF groceries. A leading canned
goods bsoker In San Francisco writes
to his correspondent in New York ss
follows: "The canned goods market
Ia In O very strained condition. Every
packer 10 90 crowded with accepted
orders that inquiries are receiving no
attention, and hardly got q courteous
answer. There Ia plenty Of fruit; In
fact, Il Ia coming In so fast that II can
not al be handled, and quantities are
dumped In the bay every day. The
trouble Is want Of hands. Further,
every description eeems 10 be coming
In ct once this year, whereas In former
sea8ons there were onlv one or two
kinds received at q time. Every
hctory n running night and day with
all the help they can get, and II is
only q QUESTION how long they can
stand the stain. Never before In the
history Of California has the canned
goods business assumed lie present
shape. This was unexpected, and
next season packers will endeavor to
put themselves 10 such condition 40
10 avoid repetition OF this years lis
sppointnentr."
IMPORTS.
Two hundred and sixty.two brls
apples, 100 sks bran, 2 pkQs butter,
7l40 rolls bsgging, 40 pkgs bacon,
5000 bu corn, Is pkgs cheese, S75
SKIS coffee, 400 Bks cotton reed,
/ car cotton seed, l27 pkgs
eggs, 227S brls -four, 1877 bales
hay, 20 head hogs, 90 head cattle, s
head borsss aud mules, 63i pkgs lard,
$4,000 feet lumber, l2i pEgs liquor,
1000 bf4s lime, $50 bis meal. 4 brls
molasrop, 30 kegs nails, 5000 bu
eats. 142 br's onions, $50 brls potatoes,
u cars pork sides, 9S rkgs rise. t9i
brls sega and 6i3 pkss tobacco.